Tag Archives: Economy

In recent years, home prices across the United States have been rising rapidly, causing concern for prospective buyers and renters alike. From coastal cities to suburban neighborhoods, the dream of affordable homeownership has become elusive for many. To understand why housing has become so expensive, we need to explore several key factors driving up home prices, including supply and demand imbalances, economic conditions, and demographic trends. Supply and Demand Imbalances Low Housing SupplyOne of the most significant contributors to rising home prices is the limited supply of available homes. A […]

Signs of a slowing economy in the last few days appear to have taken Wall Street by surprise. Those of us closer to Main Street would say they haven’t been paying attention. Persistent unemployment and heavily indebted consumers have taken a toll on demand for months. That spells trouble with a national economy in which consumer spending accounts for 70 percent of activity. On July 29, revised economic figures showed that first quarter growth was just 0.4 percent and the second quarter wasn’t much better at 1.3 percent GDP growth. […]